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Themes & Takeaways From the 2022 Real-Time Payments & Fraud Management Summit 

Perficient

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . The conference was attended by several Financial Institutions, Service Providers, Fintechs, and Industry Regulators.

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Efficiency now: 8 smart strategy tips

Independent Banker

Source: Bankrate Second-Quarter 2022 Economic Indicator. In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Connors, Jr.,

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Winds of Change Starting to Blow at the Fed

TrustBank

The year 2022, however, is shaping up to be anything other than a typical year. Board Vice Chair Richard Clarida’s term ends in January 2022. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren both retired this month after their personal investment trading activity during the pandemic came under scrutiny.

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Now is the time to prepare for the FedNow launch

Independent Banker

In 2022, we’ve got some critical milestones around integration testing with all of our Fed systems, as well as pilot testing,” said Connie Theien, senior vice president and director, payments industry relations with the Federal Reserve System, to ICBA members during a November 2021 webinar ( see sidebar below ). “And payment system.”.

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SWIFT Warns India Of ‘Unprecedented’ Rise In Corporate Loan Defaults

PYMNTS

A new report commissioned by SWIFT , with research conducted by the Boston Consulting Group (BCG), is urging corporate banks in India to take action. BCG analysis predicts banks’ revenue share from corporate lending will drop to 27 percent by fiscal year 2022, down from 39 percent today. ” Banks Need to Multitask.

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The community banks standing by hospitality customers

Independent Banker

The main focus for Mountain Pacific Bank has been managing its existing book of hotel and motel loans. Looking ahead to 2022, those metrics are projected to improve further with occupancies rising 13%, RevPar by 19.7% One of the ways bankers are providing needed capital to borrowers is by utilizing SBA 7(a) loans. and ADR by 6%.

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SnapChat Fresh Stories Show U Supermarkets’ Shoppers Where Fish Came From, Guarantee Freshness

PYMNTS

Shoppers can then view content chronicling the fish’s journey, starting with the fisherman, on through the sales manager and finally to the fishmonger, all caught fresh by SnapChat Spectacles. locations by the end of 2022, which would make Aldi the third largest grocery chain in the country by store count.